House Passes Pork-Laden Sandy “Relief” Bill
I asked a few weeks ago whether we would see a change in John Boehner or not after he gave a great speech in accepting the majority leader of the …
I asked a few weeks ago whether we would see a change in John Boehner or not after he gave a great speech in accepting the majority leader of the …
John Boehner was re-elected Speaker of the House. The “Fire Boehner” coup never materilized it seems. According to Bob Costa’s sources it was a poorly organized attempt to install a …
House Republicans were meeting earlier today to amend the Senate’s fiscal cliff bill: A bipartisan plan to avert year-end spending cuts and tax increases slammed into stiff opposition in the …
Obama proposed this last year and now its back on the table: This week, the Wall Street Journal’s John D. McKinnon and Andrew Ackerman are reporting that House Speaker John …
Instead of negotiating with Congress for a deal, Barack Obama is out there campaigning for his tax increase plans.
President Barack Obama is urging Congress to pass an extension of tax cuts for middle class families, saying a tax increase for them would be like a “lump of coal” for Christmas.
Senator McCain’s chivalrous defense of Huma Abedin, intimate confidant of Hillary Clinton, is not only inappropriate, but it borders on gross negligence and incompetence. We have come to expect the release of classified information that puts our servicemen and ultimately the Republic at risk from the present administration, but it is disconcerting to hear Republicans defending possible terrorist moles with the bravado of latter-day Chamberlains, promising peace in our lifetimes.
Congress has a penchant for passing toothless legislation, especially as it affects them. The STOCK Act is no exception. STOCK stands for Stop Trading on Congressional Knowledge. There is enthusiasm for such a law.
Fervor over insider trading on Capitol Hill reached a peak last fall following the airing of a “60 Minutes” segment questioning whether lawmakers including House Minority Leader Nancy Pelosi (D-CA) and Speaker John Boehner (R-OH) made investments based on their knowledge of legislative activity to which they would be privy.
John Boehner can take a hit on this one too. You know that wonderful payroll tax cut? Guess who’s going to pay for it?
Just before Christmas, American workers got a rare gift from Washington politicians – the current payroll tax cut would be extended for two more months.
President Obama gave another speech this morning, this time announcing his deficit reduction class warfare plan:
President Obama called on Monday for Congress to adopt his “balanced” plan combining entitlement cuts, tax increases and war savings to reduce the federal deficit by more than $3 trillion over the next 10 years, and said he would veto any approach that relied solely on spending reductions to address the fiscal shortfall.
Last night our lawmakers got a deal done to balance the budget and raise the debt limit. A powerpoint was released by Boehner’s officer:
But here are the highlights from Jake Tapper:
- More than $900 billion in deficit reduction over 10 years through discretionary spending caps . $350 billion of that comes from the Pentagon;
- Debt limit increased by at least $2.1 trillion — through 2013…see below for more on how that happens;